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Key Details
Sold Price $888,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Oakland Park First Add 2-
MLS Listing ID F10418884
Annual Tax Amount $8,632
Tax Year 2023
Lot Size 0.354 Acres
Property Sub-Type Residential
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY, Part of a 5 lot assemblage generating over $120,000 annually, corner lots located in emerging downtown Oakland Park, close to famous breweries & restaurants, creating wonderful walkability. This 15,412 Sq Ft property is ideal for Multi-Family development, residing less than 1.5 miles from beach and a mile from Wilton Drive. The current 2 identical 2/1 upgraded homes on the property are to be sold along with the neighboring listing which is comprised an upgraded duplex. Zoned for Multi-Family use (Upgradeable to RM-16, 16 units per acre) Over $400 Million in investment approved for downtown area, featuring parks and a future commuter train stop to Brightline stations giving ample reason for Sun Sentinel to say to proclaim "Oakland Park is on the Rise."
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning R-2
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Sewer Municipal Sewer
Water Municipal Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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